The trend of bullion and stocks in May beginning

Astrodunia

Note: 1st May 2013 is a holiday in HK and Indian market.

 Global Stock Indices:

This week, global stock indices are expected to be volatile to positive this week.

Today – volatile to positive.

1st May – Asian opening shall be negative but again recovery shall start from UK.

US is volatile to positive.

2nd May- Positive opening is expected in Asian market. Closing shall be bearish.

Moon shall be in Capricorn under “Srvana nakshatra”. Due to this, (Asian, American and European) market shall decline on 2nd May 2013.

Weakness shall be seen in UK and sharp decline is possible in US market.

3rd May – Asian opening shall be negative but closing could be flat to positive.

UK & US market shall also be slightly positive on 3rd May 2013.

Next week, sharp decline is possible in global stock indices.

This Week’s Range:

S&P500 : 1,595-1,568

Trading Range :

  • DOW (FUT): 14,700-14,760
  • S&P500 (FUT): 1,575-1,592
  • NASDAQ (FUT): 2,820-2,875
  • FTSE (FUT): 6,380-6,440
  • CAC40 (FUT): 3,790-3,845
  • DAX (FUT): 7,820-7,905
  • HANG SENG (FUT): 22,400-22,650
  • NIFTY (FUT): 5,880-5,950

VIEW ON PRECIOUS METALS

Bullion shall be volatile to positive till 1st May 2013 and then negative on 2nd May 2013. On 3rd May 2013, volatile to positive trend shall be expected.

 

Today’s Trading Range & VIEW: Today bullion shall be volatile to negative till UK opening. Again it shall be positive from UK opening to closing.  Tomorrow, opening may be negative.

 

View on Base Metals:

Base metals shall be volatile to positive for today and tomorrow. It shall be negative on 2nd May 2013 and again positive on 3rd May 2013.

Trading Range:

–

View On Energy Products:

Trend shall change (i.e. go down ) in Crude Oil after UK opening.

This shall continue with volatility till 3rd May 2013.

NG shall have volatile to mix trend. NG shall see some recover y today.
 

Currencies:

Dollar Index shall move up today till 3rd May 2013.

 

Trading Range:

View on Indian Stock Market:

Today, Indian stock market shall be volatile to positive.

Overall, market is volatile to positive till 3rd May 2013.

Today, Indian stock market shall be volatile till 10.30 HRS (IST) and then positive till closing.

1st May 2013- HOLIDAY

2nd May 2013:again volatile to positive.

3rd May 2013: negative opening shall be observed. It shall turn positive from 14.00 HRS (IST)

BUY ON DIPS:

  • LIC HOUSING
  • SBI
  • UNION BANK
  • KTK BANK
  • JAIN IRRIGATION
  • TATA MOTORS
  • M&M

TO SUBSCRIBE, CALL : +91-9669919000 or e-mail: [email protected]

FinQuiz by

FinQuiz

Which company developed Material Design?

2:30
0 / 10
Points: 0
Astrodunia Avatar
Astrodunia

Integrate Market Timing in your Portfolio

Leave a Reply

Mr. Rajeev prakash agarwal financial astrologer

Mr. Rajeev Prakash

Rajeev is a well-known astrologer based in central India who has a deep understanding of both personal and mundane astrology. His team has been closely monitoring the movements of various global financial markets, including equities, precious metals, currency pairs, yields, and treasury bonds.

Featured Post